View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
August 8, 2013

Daily Mail: Estate agent may be liable for £500,000 Petra Ecclestone theft

By Spear's

‘In general terms, if the agent has shown the property and has the full keys and full access to the property they have a duty of care.

Estate agents could be liable for £500,000 of jewellery missing from Petra Ecclestone’s £32million mansion if they were negligent when showing round buyers, a property expert claimed today.

MailOnline revealed yesterday how a pair of diamond earrings and a Rolex watch were swiped from the home of the 24-year-old daughter of billionaire Formula One boss Bernie Ecclestone.

She had put the property in London’s Belgravia on the market and discovered the jewellery had gone after a viewing by a potential buyer said to have been posing as a Kazakh millionaire called Oleg.

Today, Mark Hayward, managing director of the National Association of Estate Agents, said that estate agents would have insurance for such eventualities.

If they were found to be negligent the loss could be put down to them, he said, adding: ‘I don’t know the specifics of this case so I can’t comment on what happened here.

‘But in general terms, if the agent has shown the property and has the full keys and full access to the property they have a duty of care.’

Read the full story here

Content from our partners
HSBC Global Private Banking: Revisiting your wealth plan as uncertainty abounds
Proposed non-dom changes put HNW global mobility in the spotlight
Meet the females leading in the FTSE

Read what happened when Spear’s property blogger was approached by a fraudster

 

 
 

Don’t miss out on the best of Spear’s articles – sign up to the Spear’s weekly newsletter

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network